Techmeme
July 23, 2024, 10:50 AM

Top News

CNBC:
Israeli cybersecurity startup Wiz walks away from Google's $23B acquisition offer; Wiz CEO Assaf Rappaport tells staff that Wiz will pursue an IPO as planned  —  Wiz has walked away from a $23 billion deal to be acquired by Google, in what would have been the search giant's largest ever deal …
Digiday:
More: Privacy Sandbox, BleepingComputer, The Register, PCWorld, Electronic Frontier Foundation, Financial Express, AppleInsider, Axios, Gizmodo, Forbes, The Verge, Computerworld, 9to5Google, Associated Press, Marketing Dive, Financial Times, MarTech, Wall Street Journal, Information Commissioner's …, SecurityWeek, Marketing Week, Reuters, GOV.UK, Security, Privacy & …, PhocusWire, Google Help Center, The Drum, Tom's Guide, Search Engine Roundtable, PC Gamer, Total Telecom, iMore, Mobile Dev Memo, ABC, iThinkDifferent, Ghacks, The Hacker News, Forrester, London Evening Standard, TechIssuesToday.com, The Media Leader, PhoneArena, The Indian Express, TipRanks Financial, Affiverse, Newser, Silicon Republic, Business Times, Business Insider, Fast Company, The News International, The Information, Research Live, South China Morning Post, NewsBytes, Ad Age, SiliconANGLE, Search Engine Journal, B&T, Benzinga, W Media Research, CNBC, MacRumors, Tech Startups, Investing.com, How-To Geek, Search Engine Land, BetaNews, and AdExchanger
Abner Li / 9to5Google:
Leaked images show the upcoming “Google TV Streamer”, a set-top box with a pill-shaped design, to replace the dongle form factor, and an updated, longer remote  —  Back in April, we revealed that Google is working on a sequel to the Chromecast with Google TV (4K) …
Andy Greenberg / Wired:
Dragos details a sample of Russia-linked malware used in a hack in January 2024 to target a heating utility in Lviv, Ukraine, cutting service to 600 buildings  —  The code, the first of its kind, was used to sabotage a heating utility in Lviv at the coldest point in the year …
Ashley Carman / Bloomberg:
Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, subscribers up 12% YoY to 246M, above est., and €266M operating income; SPOT jumps 12%+  —  Spotify Technology SA shares surged to their highest in more than three years on Tuesday after the Swedish audio …
Todd Spangler / Variety:
Amazon begins rolling out a new UI for Prime Video to help distinguish content included with Prime, update its navigation bar, manage subscriptions, and more  —  And the new UI specifically addresses something that's annoyed Prime Video users for years: Now, according to Amazon …
Michael Peel / Financial Times:
Google Research and others detail NeuralGCM, a model that combines ML and existing weather forecasting to make a breakthrough in accurate long-range predictions  —  Advances in predictions promised by machine learning matched with physics in latest model involving Google
Sarah Wynn / The Block:
The US SEC approves spot ether ETFs from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco Galaxy, which can now start trading  —  - Registration statements become effective on Monday for firms vying for a spot Ethereum exchange-traded fund, marking the final sign-off for those products to begin trading.
Dana Mattioli / Wall Street Journal:
Sources: Amazon lost $25B+ on its devices business between 2017 and 2021, and its plan to sell hardware at a lower price and make money elsewhere hasn't worked  —  Amazon.com's Echo speakers are the type of business success companies don't want: a widely purchased product that is also a giant money loser.
Reuters:
India plans to cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple, as part of its 2024/25 budget  —  India announced it will cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple …
Paul Alcorn / Tom's Hardware:
Intel says elevated voltage is causing the ongoing “instability issues” in some Core 13th and 14th Gen desktop processors, and plans to release a fix in August  —  Patch is on the way.  —  Intel has announced that it has found the root cause of the crashing issues plaguing its CPUs.
Reuters:
Reeling from CrowdStrike-related outages, Delta has canceled 4,000+ flights since Friday, including 900+ flights on Monday, according to FlightAware  —  Delta Air Lines (DAL.N) CEO Ed Bastian on Monday said it will take the U.S. carrier another couple of days before its operations recover …
Ivan Mehta / TechCrunch:
Posh, an iOS app that offers a TikTok-like vertical feed of events, raised a $22M Series A, taking its total funding to $31M, and claims 2M registered users  —  Platforms like TikTok and Spotify have experimented with events on their platforms.  But rather than concentrating on concerts …
More: Forbes
Bloomberg:
An investigation shows how pedophiles groom children using Roblox, a problem exacerbated by Roblox not collecting any personal information beyond a user's age  —  DoctorRofatnik, known to fans as “Doc,” looked almost mayoral in a tall white hat, a red tie and an American flag pin.
Hannah Murphy / Financial Times:
A profile of Nick Pickles, who has recently been promoted to X's VP of global affairs; sources say Pickles has become the right-hand man to CEO Linda Yaccarino  —  Ex-music photographer promoted as right-hand man to X chief Linda Yaccarino tasked with fighting company's political battles
More: Bloomberg

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Larry Dignan / Constellation Research:
Bill Toulas / BleepingComputer:
Wes Davis / The Verge: